$EELONMUSK
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Social Momentum Summary
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
$LINK Chainlink has reached a key support zone on the higher timeframe. But important doesn't mean it's over. The downtrend from December 2024 still lacks real evidence of being complete. Wave C could extend further to $7.20, then $5.95, and the bear market low at $4.95.
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AI visual note: A TradingView weekly chart of LINK/USD on Coinbase displaying Elliott Wave analysis, showing Chainlink's price action within a descending channel with Fibonacci retracement levels (38.2% at $5.959, 50% at $2.990, 61.8% at $1.500) and projected wave C targets of $7.20, $5.95, and $4.95 extending into 2027, illustrating the ongoing bearish correction noted in the accompanying analysis.